The median home value in Somonauk, IL is $225,500.
This is
higher than
the county median home value of $192,750.
The national median home value is $308,980.
The average price of homes sold in Somonauk, IL is $225,500.
Approximately 71% of Somonauk homes are owned,
compared to 22% rented, while
7% are vacant.
Somonauk real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Somonauk real estate agent to arrange a tour today! Learn more about Somonauk.
Located just a few miles from Lake Holiday! 100% Occupied! Unique Mixed-Use Property with additional income potential in Somonauk, IL. Discover an exceptional opportunity to own this two-story building as a versatile investment that includes three apartments, three office storefronts, and eight garage storage units. The apartments, each featuring 1 bedroom, 1 bathroom, laundry facilities, and an open-concept living room and kitchen, are designed for comfortable living. They offer both a main entrance with stairs or chair lift access and individual entrances from the upper deck. Notably, all apartments and offices are equipped with a 2-hour fire rating, ensuring safety and security. The retail/office spaces come with dedicated bathrooms and have been tailored to the unique needs of their current occupants, making this property suitable for various business ventures. Ample parking space for up to 26 cars is provided in the expansive concrete parking lot. All apartments, offices, and garages are fully occupied, having maintained a continuous rental history. Current rental rates are below the market average, offering a compelling opportunity for increased income and return on investment. Enjoy this low maintenance investment w newer improvements included-new roof, siding, deck (2023) and 3 newer patio sliding doors, 3 furnaces, 4 hot water heaters replaced in approx (2021). This is an excellent addition to your investment portfolio, offering both immediate rental income and potential for future growth.
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/16/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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